Google Pay Introduces Tokenized Cards, Business App, and Spot Platform in India

At the 'Google for Bharat 2019' effect organized in New Delhi, Google today announced a number of new features for some of its most pop apps like Search, Google Pay, and Lens. The most significant amidst them will, however, take to be Google Pay every bit it today bagged a number of new features and is gunning to become a platform for business to serve users more efficiently.

Without wasting whatsoever more time, let'south take a wait at all the new Google Pay features announced for the India marketplace:

Tokenization

Google is making it simpler and more than secure for y'all to pay for transactions using your credit/debit carte du jour, thanks to tokenization. It enables the user to save their cards to the Google Pay app and it shares a virtual token instead of the original card number while making payments to make the process hassle-free and secure.

Introducing Tokenized Cards on Google Pay, that employ a virtual number instead of your VISA carte number during transactions. This ensures that no sensitive data is shared and makes payments more than seamless. #GoogleForIndia pic.twitter.com/cWE3sC6lns

— Google Pay India (@GooglePayIndia) September nineteen, 2019

The tokenized cards feature in Google Pay has been available in international markets for quite some time, just it's at present finally landing in India, which is great. The feature rolls out with back up for Visa cards, with Rupay and Mastercard support coming in the next few weeks.

Spot Platform

One of the near eye-grabbing additions to Google Pay comes in the course of the "Spot Platform," which is giving businesses all the tools necessary to create a storefront on Google Pay itself – that too with payments-enabled out-of-the-box.

Yeah, if you don't want to go through the hassle of building a website and trying to drive traffic towards information technology, then the Spot Platform is the perfect solution for you. Information technology will not only make the business more discoverable offline simply also online through the app. Business partners with a physical presence can use 'Spot Codes' that are NFC-enabled to bulldoze more than customers to their shop. You can larn more nigh the basics right here:

Google Pay has already signed upward UrbanClap, Goibibo, MakeMyTrip, RedBus, Eat.Fit and Oven Story among other popular services via its early access program. You lot can apply to examination out the Spot Platform as well, just follow this link correct hither.

Google Pay for Business

Digital payments will soon exist the norm, and well, Paytm and PhonePe have reached an enormous number of businesses already, thanks to a dedicated concern app. Google's taken the hint and launched a dedicated Google Pay for Business (free download on the Play Store) that gives businesses (likewise termed as merchants) to accept and manage its digital payments hands.

Google says that it's fast and simple to set upward, allows your business to take payments from any UPI-enabled service (using QR code, telephone number or Tez mode), and maybe you can earn rewards (cashback) via scratch cards too.

Jobs + Donations

Another couple of features coming to Google Pay include the Jobs Spot and a dedicated Donations section. While the latter has been seen in the payment app in the past, but information technology now numberless a permanent spot in Google Pay. You will before long be able to find and donate to a number of non-profits (iii not-profits live at launch) from correct within the app.

Every bit for Jobs Spot, well, it can exist seen as an extension of the Google Jobs Search and the new Kormo app – but it lives within the confines of Google Pay. Information technology'southward another platform for users in search for entry-level jobs in "industries like retail, hospitality, and on-demand businesses," says Google.

You lot can build a contour, larn new skills, come across recommended jobs and apply for interviews using this feature. Well, if I'grand reading it right, Google is trying to turn Google Pay (their payment platform) into a total-fledged marketplace with the aforementioned characteristic and update announcements. Don't yous concur? Share your opinions with us in the comments downwards beneath.